Calculate net price factor and net price. Dollars list price displaystyle-{435.20}$ Trade discount rate displaystyle-{26}%,{15}%,{5}%.

remolatg

remolatg

Answered question

2021-03-09

Calculate net price factor and net price.
Dollars list price 435.20$
Trade discount rate 26%,15%,5%.

Answer & Explanation

escumantsu

escumantsu

Skilled2021-03-10Added 98 answers

Step 1
Subtract each of the trade discount rate from 100% and then convert the answer to decimal form.
a) 100%26%=74%
=0.74
b) 100%15%=85%
=0.85
c) 100%5%=95%
=0.95
Step 2
Compute the net price factor by multiplying all the above computed decimals together,
Net price factor =0.74×0.85×0.95
=0.59755
Hence, the net price factor is 0.59755.
Compute the net price as follows.
Net price = List price × Net price factor
=435.20×0.59755
=260.05376
Hence, the prise is 260.05$
Jeffrey Jordon

Jeffrey Jordon

Expert2021-10-26Added 2605 answers

Answer is given below (on video)

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